Will Solar Panels Go from a Perk to an Expectation?
More owners install solar panels as costs drop, and in Calif., they’re mandatory for new construction. One day, buyers will probably expect every listing to have them.
Dear Anne: Listing Agents Please Take Care
Listing shortages lead to some disconcerting behavior. Sellers have tremendous leverage in this intense seller’s market, but the Code of Ethics applies during all types of markets. Still, a handful of listing agents take advantage, simply because they think they can get away with it.
Condos: Who Insures What? Who Pays for Damages?
The 2021 hurricane season began June 1, but water pipes can burst year-round. If an insurable event occurs in a condo, however, is it a unit owner’s job to pay or the association’s? It’s a simple question with a sometimes complicated answer.
Counting Contract Dates: The Advanced Training Course
Business days, calendar days, holidays? Deposits, inspections, repairs and automatic closing extensions? Contract timelines can still confuse members. Here are some of the top questions posed to Florida Realtors Legal Hotline.
Presenting Offers: OK with License Law? Code of Ethics?
Your exhausted seller received five offers in one day. Four are over asking price, but the last one offers $50,000 less, possibly making it a waste of time for an already exhausted seller. Must you still present it? Perhaps not – but only under very specific conditions.
Forbearance Extended to Sept. 30 for Multifamily Properties
The owners of multifamily properties who postponed mortgage payments – in exchange for not evicting residents – may be able to extend forbearance until fall.
Florida Realtors: June is National Homeownership Month
“Every day, Realtors promote housing opportunities and help people realize their dreams of homeownership,” says 2021 Pres. Cheryl Lambert.
Biggest Shortage for Builders Isn’t Lumber – It’s Appliances
19 out of 20 builders face an appliance shortage, with 57% calling it a “serious shortage.” Lumber products hold the 2, 3 and 4 spots, with windows and doors at No. 5.
Near, Far, Wherever: Find Out Who’s Moving to Your Town
Florida Realtors economists: Where do most buyers come from? It’s no secret: Lots of people are on the move, and if you know they’re relocating locally or coming from afar, you can adjust your approach to client prospecting. To help, Florida Realtors’ research team studied moving patterns.
Taxman Cares When You Give Wealth Away
If children and grandchildren move back home after a financial setback, is “free rent” from Mom and Dad considered a gift that’s taxable by the IRS?